French Firms See “Huge Potentials” in Ethiopia

Addis Ababa March 15/2019 French multinational companies exploring business opportunities in Ethiopia said “we have realized that there are huge potentials” in the country.

Some 20 executives of French companies, who came with President Emmanuel Macron during his recent visit to Ethiopia, met with President Sahlework Zewdie today.

French business delegation leader Phillppe Delleur said the decision of the Ethiopian government to open the sector for foreign investors is attracting cross-border and multi-national French companies to engage in Ethiopia.

“The delegation I am leading is exploring business opportunities here, and we have realized that there are huge potentials that French companies will contribute much for the development of this country in many areas,” he said.

He added that the companies are looking at the main investment areas, including infrastructure like electricity, railway, air-transport, logistics network, water treatment, and industry, among others.